I'll be honest with you, stories of turning 50,000 into 1,000,000 in 90 days sound great, but the reality is that 99% of people who try this will lose everything. Too many people start off with high ambitions, but within a few days they leave the market embarrassed and defeated.

The core of this approach is 'rolling over', which simply means increasing your bets when you win, hoping to double your money quickly through compound interest. In theory, it works, but the problem is that the market won't follow your script. You might win three times in a row and think you're a genius, but as soon as you lose one big bet, you'll not only lose all your previous gains but also your principal.

Those who teach you how to turn '50,000 into 1,000,000' never tell you how many times they have blown up their accounts. I know a guy who last year actually rolled his 30,000 up to 800,000 using a similar method, but in the last week, due to one bad judgment call, he lost everything. He's still working to pay off his debts now.

If you're really going to play with contracts, remember a few hard-earned lessons: First, never use money you can't afford to lose; second, always withdraw your principal once you're in profit; third, don't believe in any 'sure-win strategies', the market is unforgiving.

Actually, the safest bet is still spot trading; although it's slow, you can sleep at night. Look at those who have truly made big money in the crypto world, who among them got rich through contracts? They are all the ones who held onto good projects early on and patiently waited for the bull market to come. Those who want to get rich quickly usually end up going bankrupt just as fast.

When the market is quiet, it's even more important to stay clear-headed and not be fooled by those get-rich-quick stories. Remember, surviving in the crypto world for a long time is more important than making quick profits.